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Rich Asplund

REVEALED: Abundant nat gas supplies pressure prices - The Real Truth

United States EIA Nymex BNEF Natural Gas

February Nymex natural gas (NGG26) on Friday closed down by -0.025 (-0.80%),

Feb nat-gas prices settled lower on Friday but remained above Thursday's 3-month nearest-futures low. Abundant US supplies are weighing on nat-gas prices after Thursday's weekly EIA report showed nat-gas storage levels +3.4% above their 5-year seasonal average.

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